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Lecture 9
Lecture 9
Business
Bachelor of Business
Administration
2
Introduction
The Minimum Wages Act, has been enacted by the Central Legislative
Assembly from the year 1948. The Act intends to provide for fixing of
minimum rates of wages in certain employments.
Objective of the Act
8
Applications
• •HRCompensation
Budgeting
• •Manpower
Quality ofallocation
work life
• •Performance management
Protection of worker rights
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REFERENCES
• Reference Website-
https://labour.gov.in/sites/default/files/
TheMinimumWagesAct1948_0.pdf
https://www.indiacode.nic.in/handle/123456789/1730?
sam_handle=123456789/1362
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THANK YOU
For queries
Email: amrit.usb@cumail.in
Jaspreet.mba@cumail.in